3325 Arena Road, Atascadero, California 93422, Atascadero, 93422 - 3 bed, 2 bath

3325 Arena Road, Atascadero, California 93422 home-pic-0

3325 Arena Road

Atascadero, California 93422

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,294Sq Ft
26,136Lot Size

Property Price

LIST PRICE$865,000
EST. MARKET VALUE
$807,304
7% AboveMARKET VALUE

SUMMARY

Analysis of 3325 Arena Road, Atascadero, California 93422 reveals a property with a current list price of $865,000, which is 7% above the estimated $807,304 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Atascadero Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$807,304
Based on Realkey algorithm analyzing recent comparable sales in Atascadero.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3325 Arena Road
Subject
$865,000*
List Price
321,294$624-
A
4330 Nogales Avenue
Sold
$855,000321,302$6570.7 mi
B
4125 Tranquilla
Active
$864,000
List Price
331,427$6050.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1962 home is in move-in ready condition with several modern upgrades that exceed its original build date. The interior features well-maintained hardwood flooring and remodeled bathrooms with contemporary finishes. The kitchen has been updated with a farmhouse sink and stainless steel appliances. Additional high-quality features include a rock fireplace with a gas insert, leased solar for energy efficiency, and a finished detached studio with A/C, indicating consistent maintenance and thoughtful improvements.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26136, living area = 1294.

  • Development & Income Potential

    The flat, half-acre street-to-street lot includes pre-approved ADU plans and a current Short-Term Rental license, offering significant value for investors or those seeking multi-generational living.

  • Versatile Flex Space

    A detached finished shed with A/C provides an ideal office or studio, complemented by expansive outdoor living areas featuring a hot tub and mature olive trees.

CONSRISKS & DEFICIENCIES

  • Leased Solar Commitment

    The property includes a leased solar system, which requires the buyer to assume the existing lease agreement and associated monthly costs.

  • Compact Living Area

    With only 1,294 square feet for a three-bedroom layout, the interior living space may feel constrained for larger families or those accustomed to more expansive floor plans.

About 3325 Arena Road

Move-in ready, single level home on a ½-Acre Lot with ADU & Income Potential in Atascadero. Situated on a private street-to-street lot spanning approximately ½ acre of flat, usable RS-zoned land, this move-in-ready property offers flexibility, expansion potential, and income opportunity. Ample space for an ADU (buyer to verify with the City; pre-approved plans/guidelines available). Current Short-Term Rental License adds investment appeal. Open-concept living and dining areas open to the view-oriented patios for a spacious and airy indoor/outdoor experience. The home features hardwood floors and a rock fireplace with gas insert that heats the whole house. The kitchen includes a farmhouse sink and functional layout, while remodeled bathrooms provide modern comfort. Bedrooms offer charming window-seat alcoves. Leased solar enhances energy efficiency. The spacious yard showcases mature olive trees, room for gardening or future development, the patios with hot tub and multiple seating areas create the ideal space for entertaining or relaxing with friends. Detached finished shed with A/C provides versatile flex space for office, studio, or retreat. Conveniently located near schools, shopping, wineries and easy access to HWY 101, just minutes to Paso Robles and San Luis Obispo. Come see what this Atascadero home has to offer!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1962
Lot Size
26,136 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,2941,902
23%
Lot Size26,13626,136
50%
Price$865.0K$849.0K
55%
Price per sq ft$668$464
93%
Built year19621984
18%
HOA$0$0
50%
Days on market30171
4%

Pricing History

Listed for Sale

Feb 27, 2026

$865,000

$890,000

-3% Price Drop

Initial Listing

Price Change

Feb 5, 2026

$890,000

Initial Listing

Sold

Sep 29, 2017

$485,000

Public Record

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